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20130117
20130125
Search Results 0 to 3 of about 4 (some duplicates have been removed)
subsidy force the smart phones sold over the holidays and damage from superstorm sandy will. shares have been trading near 6 month low os falling practice before tonight's warning, they fell another 1% from this closing price and extended hours trading. leading the consumer sector was media giant c.b.s. it wants to get out of the outdoor billboard business. it plans on converting its outdoor ad business in north and south america into a real estate investment trust, and selling off the same business in europe and asia. the news fueled a rally in c.b.s., as well as, in two of its billboard competitors. c.b.s. shares jumped 7.9% on heavy volume to a new 52 week high. clear channel outdoor gained 6.8%. lamar, which also is converting to a real estate investment trust, rose 2.3%. home builders were strong thanks to the strong increase in new home construction in december. pulte group rallied 5.3% closing over $20 per share for the first time since the summer of 2007. news of more homes being built helped home improvement retailers home depot and lowe's. home depot is less than a dollar away
in the last week or two with the sandy relief passing and also the deal to avoid the fiscal cliff, it really, those things had more democratic votes than republicans, and a lot of sensitive, you know, that happens to john boehner too many times his speakership could be in trouble. so my guess is it will come from the senate, but you've got zoe meeting quietly with a republican from florida talking about details they can bring back to their colleagues. i think actually this is one of these issues where people in both houses are going to want to take credit for being outfront on this issue. i think you're going to see a spate of bills coming forward. >> scott, this is a hot issue. lots of legislators as you mentioned are jumping on the bandwag bandwagon. the lawmakers you talked to in washington, how hopeful are they there will be a bipartisan deal reached this time around? immigration has been attempted before and it's failed. >> i think there is a lot of hope. as i said, the stars kind of are aligning on this, not only do you have republicans willing to come to the table and talk seriously a
in claims from superstorm sandy, but that didn't hurt profits as much as analysts feared. travelers earned 72 cents per share last quarter, only about half what it earned a year earlier but more than five times estimates. shares responded nicely to the surprise, rallying 2.1%, pushing shares to a new high. two items to focus on with the two big phone companies. first, a.t.&t. is expanding its wireless business. the company is buying the retail operations, subscribers, and, most importantly, the wireless licenses of atlantic tele- network. the price was $780 million. a.t.&t. shares gained 0.5% while atlantic tele-network jumped 12.3%. the wireless carriers have been looking for spectrum to expand their services. verizon, meantime, reported quarterly results a nickel less than expected. like other carriers, while it sold a record number of smart- phones over the holidays, many of them came with heavy subsidies hurting short term profits. the stock gained 0.9%. it hit a two-month low last week. tomorrow night, we will hear from apple about its holiday quarter. this quarter, the anticipation h
Search Results 0 to 3 of about 4 (some duplicates have been removed)